We build a great business, we have a consistent and solid revenue stream from our boutique, but then what? Is the plan to sell the business, or to generate enough revenue to feed into other investments—or something else entirely? Dominique Broadway, personal finance expert, money therapist, entrepreneur, and founder and CEO of Finances Demystified, joins me today to answer the question: what is the long-term plan for the business we are creating today?
Get comfortable and listen in as we dive into some of the common misconceptions about investing and protecting yourself long-term with wills, trusts, and real estate. You’ll also hear about how your investments fit into your long-term business and wealth goals, what we all need to know about our money mindset before we start investing, and how to start investing by growing what you already have.
>>Finance 101: How to Build Wealth as a Boutique Owner– LISTEN NOW ON iTunes <<
>>Finance 101: How to Build Wealth as a Boutique Owner– LISTEN NOW ON Spotify <<
See the Full Boutique Chat Podcast Website here
Watch the interview on YouTube:
What You’ll Learn From Finance 101: How to Build Wealth as a Boutique Owner
- Dominique’s journey to starting her business.
- What everyone should know about investing.
- How our money mindset plays into our wealth-building.
- How to unravel your negative money mindset.
- How to grow what you already have.
- The don’ts of investing.
- What it means to be a fiduciary.
- The importance of preparation.
- What Dominique’s smartest clients have in common.
Resources Featured In This Episode:
- Dominique Broadway: Website
- Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class – Do Not! by Robert Kiyosaki
- The Game of Life and How To Play It by Florence Schovell Shinn
Favorite Quotes from Dominique Broadway
“It’s nearly impossible to help anyone create a plan without knowing where you are currently.” – Dominique Broadway [9:00]
“A lot of people don’t believe that they can be wealthy, that they deserve to be wealthy, that it is possible for them.” – Dominique Broadway [9:30]
“There’s nothing wrong with honing in and really getting that one thing to the next level.” – Dominique Broadway [17:35]
Join the Hub for more training, information, and connections.
www.theboutiquehub.com/join
Use the hashtag #AskAshley on Instagram, or tag her at @ajalderson or @theboutiquehub to suggest topics for the podcast and let us know what you thought about this episode!
Do you love the Boutique Chat Podcast?! Subscribe to our podcast and after that, leave us a review on iTunes Apple Podcasts here!
Original Air Date: November 1st, 2022
Do you love the details of Finance 101: How to Build Wealth as a Boutique Owner? Let us know what you think about our show and help spread the word about the #BoutiqueChat Podcast.
Recent Posts:
- The Smart Retailer’s September Playbook: 5 Ways to Prep Now for a Profitable Holiday SeasonFor small business retailers, the end of August isn’t just about back-to-school sales — it’s the signal that the holiday season is right around the corner. While big-box stores are already pushing fall and Christmas displays, boutique owners and independent retailers know the smartest moves happen in September.
- What is Pink Friday 2025? Everything You Need to Know About the Support Small First MovementSince 2020, Pink Friday has been a nationwide movement held on the Friday before Black Friday, created to encourage shoppers to discover and support small retailers first during the holiday season. In 2025, Pink Friday will take place on Friday, November 21st, 2025.
- The Boutique Hub at Vegas Fashion WeekThe Boutique Hub at Vegas Fashion Week We are so excited to announce that The Boutique Hub will be at Vegas Fashion Week! With so many sourcing opportunities, Vegas Fashion Week is a ‘must-attend’ event!